DWF extends lease in Walkie-Talkie

Law firm DWF has extended its lease in 20 Fenchurch Street, EC3, until 2034, downsizing from more than 43,000 sq ft to 29,000 sq ft. The firm, which was one of the first tenants in the 680,000 sq ft Walkie-Talkie, signing for 43,350 sq ft on the 31st and 32nd floors back in 2014, said it would be investing in a “comprehensive reconfiguration” of the 28,911 sq ft 32nd floor to create a “more open, modern and flexible working environment”, along with a new client suite. As a result of these improvements, said DWF, it had relinquished its space on the 31st floor. DWF said the move was consistent with its global workplace strategy of having high-quality office space configured to suit modern ways of working and followed office moves or refits in Edinburgh, Bristol, Newcastle and Liverpool. London managing partner Jonathan Moss said: “It is no secret that working habits have changed markedly over the last few years, and we are taking this opportunity to use our office space more effectively and efficiently. We are growing quickly in London, attracting talented colleagues who are strengthening our offering and we are looking forward to working together in our new and improved workspace.” Rents in the building, according to EG Radius, are around £65 per sq ft. Photo by Monkey Business Images/REX/Shutterstock